Streetbeat News

Partnerships

AMD

INTC

Intel and AMD have formed the x86 Ecosystem Advisory Group to drive innovation and simplify software development. The group includes industry leaders like Broadcom, Dell, Google, Microsoft, and Meta, aiming to enhance architectural interoperability for developers and customers.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 5:03 pm

LHX

L3Harris has introduced the Diamondback Autonomous Ground Vehicle at the AUSA meeting, highlighting its capabilities in land reconnaissance and security. The vehicle features a modular design and open systems architecture, enhancing scalability and cost efficiency. L3Harris has partnered with Overland AI to integrate advanced off-road navigation technology.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 5:01 pm

NVDA

SMCI

Supermicro has launched a new petascale JBOF all-flash storage solution featuring NVIDIA's BlueField-3 DPU. This solution is designed to accelerate AI data pipelines, enabling high-performance AI training, inference, and HPC workloads with active-active clustering for mission-critical storage.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:35 pm

LUV

Southwest Airlines shares rose after the company responded to Elliott Investment Management's call for a special shareholder meeting. Elliott, holding an 11% stake, seeks board control, proposing eight directors. Southwest aims to resolve the issue constructively while continuing its business transformation.

Portfolio Pulse from Adam Eckert

October 15, 2024 | 4:32 pm

NVDA

VRT

Vertiv has collaborated with NVIDIA to develop a comprehensive power and cooling solution for the 7MW NVIDIA GB200 NVL72 platform. This initiative aims to enhance AI factories by integrating OCP infrastructure options into data centers.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:31 pm

DJT

PHUN

Phunware, Inc. (NASDAQ:PHUN) shares surged due to its association with Trump Media & Technology Group, which recently launched the Truth+ streaming service. Phunware's historical involvement with Trump's 2020 campaign has linked it to Trump-related media ventures.

Portfolio Pulse from Vaishali Prayag

October 15, 2024 | 4:23 pm

FLUT

FanDuel is launching a promotion for the NBA season, offering a 3-month NBA League Pass subscription to new and existing customers who place a $5 bet. This promotion includes an enhanced viewing experience with live FanDuel odds.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:02 pm

ARKF

RVER

SOFI

SoFi Technologies has expanded its partnership with Nova Credit to include cash flow analytics, enhancing its loan approval process. This move is expected to improve credit risk assessment and member experience. SoFi also announced a $2 billion loan platform agreement and launched new credit cards.

Portfolio Pulse from Lekha Gupta

October 15, 2024 | 3:59 pm

TGT

UMGNF

Taylor Swift is launching exclusive merchandise at Target for Black Friday, potentially boosting Target's Q4 sales. The release includes 'The Official Eras Tour Book' and 'The Tortured Poets Department: The Anthology' on CD and vinyl. Target's stock has already seen a positive movement.

Portfolio Pulse from Chris Katje

October 15, 2024 | 3:49 pm

FL

Foot Locker shares are trading higher following the announcement of a partnership with the Chicago Bulls.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 3:33 pm